Current Affairs · Banking and Finance
Consider the following statements regarding the proposal by Credit Bureaus to use identity parameters for credit mapping: 1. Credit bureaus in India currently use Aadhaar as the sole mandatory primary identifier to map customer credit history. 2. The initiative follows the mandatory linking of PAN and Aadhaar under the Income Tax Act. 3. Banks have unanimously opposed identity-based credit mapping due to compliance complications. 4. The proposal aims to improve reporting accuracy, reduce identity fraud, and enhance client mapping in credit reporting. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Only 2 and 4
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